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x-i+332 T3EA3URY DEPARTMENT O f f i c e of the Secretary WASHINGTON ** May 5 , 1 9 2 5 • The Governor F e d e r a l R e s e r v e Board. Sir: You a r e h e r e b y a d v i s e d t h a t t h e Department h a s r e f e r r e d t o the D i s b u r s i n g C l e r k , T r e a s u r y D e p a r t m e n t , f o r payment, the a c c o u n t o f the Bureau of Engraving and P r i n t i n g f o r p r e p a r i n g F e d e r a l r e s e r v e n o t e s d u r i n g the p e r i o d A p r i l 1 t o A p r i l JO, 1 9 2 5 , amounting t o $ 1 4 6 , 3 3 8 . 5 0 , a s f o l l o w s , F e d e r a l R e s e r v e N o t e s , 1914 $5. $10 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago Kansas C i t y San F r a n c i s c o 300,000 600,000 400,000 300,000 300,000 300,000 327,000 186,000 288,000 3,001,000 $20 Total 300,000 50,000 100,000 70,000 650,000 600,000 570,000 300,000 300,000 300,000 327,000 186,000 568,000 - - - 200,000 - - 80,000 600,000 200,000 3,801,000 s h e e t s a t $38.50 p e r ^ 3,801,000 $146,338-50 The c h a r g e s a g a i n s t t h e s e v e r a l F e d e r a l R e s e r v e Banks a r e a s f o l l o w s , Sheets Boston 650,000 New York . . . . 6 0 0 , 0 0 0 Phi l a d e l p h i a 5 7 0 , 0 0 0 Cleveland 300,000 Richmond . . . 300,000 Atlanta . . . . 300,000 Chicago . . . . 327,000 Kansas C i t y 186,000 San F r a n c i s c o 5 6 8 , 0 0 0 3., 8 0 1 , 0 0 0 Cpmpensation $11,937.50 10,650.00 10,117.50 5,325.00 5,325.00 5,325.00 5,804.25 3,301.50 10,082.00 $67,467.75 Plate Printing .00 4,908.00 4,662.60 2,454.00 2,454.00 2,454.00 2,674.86 1,521.4$ 4,646.24 51,092.18 Materials Total $8,170.50 7,542.00 7,164.90 3,771.00 3,771.00 3,771.00 4,110.39 2,338.02 $25,025.00 23,100.00 21,945.00 11,550.00 11,550.00 11,550.00 12,589.50 7,161.00 47,773.57 146,338.50 7,119.76 21,868.00 The Bureau a p p r o p r i a t i o n s w i l l be r e i m b u r s e d i n t h e above amount from the i n d e f i n i t e a p p r o p r i a t i o n " P r e p a r a t i o n and I s s u e o f F e d e r a l R e s e r v e N o t e s , R e i m b u r s a b l e " , and i t i s r e q u e s t e d t h a t y o u r b o a r d c a u s e s u c h i n d e f i n i t e a p p r o p r i a t i o n t o be reimbursed i n l i k e amount. Respectfully, ( s i g n e d ) S. R. J a c o b s , Deputy Commissioner. X-4332a TREASURY DEPARTMENT O f f i c e of t h s S e c r e t a r y WASHINGTON May 5 , 1925The Governor Federal Reserve Board. Sir:' You a r e h e r e b y a d v i s e d t h a t t h e Department h a s r e f e r r e d t o t h e D i s b u r s i n g C l e r k , T r e a s u r y Department, f o r payment, t h e a c c o u n t o f the Bureau of E n g r a v i n g and P r i n t i n g f o r p r e p a r i n g F e d e r a l r e s e r v e n o t e s d u r i n g t h e p e r i o d A p r i l 1 t o A p r i l 3 0 / 1925* amounting t o $ 3 6 . 5 0 , a s follows,F e d e r a l R e s e r v e N o t e s , 1918. Denomination Cleveland Sheets $500 1,000 1,000 sheets at $38.50 per M $38.50 The c h a r g e s a g a i n s t t h e F e d e r a l R e s e r v e Bank of C l e v e l a n d a r e as f o l l o w s , Sheets Compensation • 1,000 $17.75 Plate Printing $3.18 Materials $12.57 Total $38.50 The Bureau a p p r o p r i a t i o n s w i l l be reimbursed i n t h e above amount from t h e i n d e f i n i t e a p p r o p r i a t i o n " P r e p a r a t i o n and I s s u e o f F e d e r a l R e s e r v e N o t e s , R e i m b u r s a b l e " , and i t i s r e q u e s t e d t h a t y o u r b o a r d c a u s e such i n d e f i n i t e a p p r o p r i a t i o n t o be r e i m b u r s e d i n l i k e amount. Respectfully, (signed) S . R. J a c o b s Deputy Commissioner.